Hi Sir
i am a small distributor of electronic components recently planing to import these from Singapore and Europe but i am totally Confused , While Importing we pay customs duty and at present i am having them as cost , but i came to know that i can pass these Customs Duty to my Customer i want to know how ? do i require to register my self with Central Excise office ? what is the Formality ? and who do i pass on the Customs duty which i have paid ?
i pay the following taxes :
some times on some products they charge :
Basic Customs duty ( can this be passed to my customer ) some times this is 10% some times its NIL
Counter vailing Duty ( can this be passed to my customer ) every time its 10%
Special additional duty ( can this be passed to my customer ) every time its 4%
cess ( can this be passed to my customer ) every time its 3%
Edu cess ( can this be passed to my customer ) some time its 3 % some times nil
some of my friends said BCD is not passable , some say CVD is not passable and some say only SAD Is Passable And Some Even Say Every Thing Is Passable Please Give Your Valuable Feed Back I Am Totally Confused
i am a small distributor of electronic components recently planing to import these from Singapore and Europe but i am totally Confused , While Importing we pay customs duty and at present i am having them as cost , but i came to know that i can pass these Customs Duty to my Customer i want to know how ? do i require to register my self with Central Excise office ? what is the Formality ? and who do i pass on the Customs duty which i have paid ?
i pay the following taxes :
some times on some products they charge :
Basic Customs duty ( can this be passed to my customer ) some times this is 10% some times its NIL
Counter vailing Duty ( can this be passed to my customer ) every time its 10%
Special additional duty ( can this be passed to my customer ) every time its 4%
cess ( can this be passed to my customer ) every time its 3%
Edu cess ( can this be passed to my customer ) some time its 3 % some times nil
some of my friends said BCD is not passable , some say CVD is not passable and some say only SAD Is Passable And Some Even Say Every Thing Is Passable Please Give Your Valuable Feed Back I Am Totally Confused